COMMERCE AND MINING

New Zealand Times, Volume XLVI, Issue 10546, 24 March 1920, Page 10

COMMERCE AND MINING

WELLINGTON STOCK EXCHANGE. IESTHRDAY'S QUOTATIONS.

Sales reported.—l\ estpout Coal, £1 12s 9d; INew Zealand Keirigerating, £93; .bank of New Zealand, ji^S. UiiJMBXCJtHJJiCiI, March 23. Sale .reported: .Royal mink of Australia, XI 12s 6d. MOUNT I/YELL it. AND E. CO., LTD. flie progress report for the fortnight andtd -much lOtii, 19.20, is us under:— Mount Mine: -No. 9 level, the engine- wimie was sunk to 6Si't through schist, hard pyrites snowing in its eastern end. North Mount -byell Mine: 850 ft level, JN'o. 50 etope drive reached B-lit through quartzite mineralised witii copper pyrites. deduction works: 1.62 furnaces 'in blast during fortnight, 1895 tons blister copper consigned to refinery tor the current year. 'DEARER SUGAE. By Telegraph—Press Assn.—Copyright MELBOURNE. March 23. It is unofficially stated that the.price of sugar is to be increased to 6d per pound. TED WOOL SALES. MARKET'FIRM: PRICES STIFFENING. The Department of Agriculture has received the following cablegrams, dated lbth and 20th instants respectively, from the High Commissioner for New Zealand, London: — "Eleventh series Government wool sales commenced Monday night with unusually largo attendance of buyers, and good competition from all sections of our trade. Compared with closing rates last series merinos and fine crossbreds ruled about 5 per cent, dearer; Medium and inferior crossbreds unchanged, but they navs improved since opening. "They are. at present selling at par to 5 per cent, dearer; 100,000 bales shown wools are available, for series of which 28.500 are. New Zealand: also 19,600 balea in description, none of which are New Zealand." "Wool—Market firm and prices stiffening. Compared with closing rates February 6ale prices have advanced about 10 per. cent, all round." BUTTER AND HEMP. The High Commissioner for New Zealand forwarded the following cable to the Department of Agriculture, the cable being dated the 20th inst..— "Butter—No change in price from Government controlled butter selling at .£ls 33 kl cwt wholesale, and 3s per lb letail. -English free butter, average price is 3s 9d per lb wholesale. From March 31sfc Irish butter will not be controlled, Rnd then can be sold without any restrictions. , . . i "Hemp Manila market quiet, and prices slightly weaker. During this iveek "3" grade. January-March shipment sold £TI. Present quotations are, January-March shipment £~1; MarchMav shipment .£69 buyers. New- Zealand market quiet. Present quotations are, on spot. Tnigh-points, .£65: fair (mutilated word ?■), £OO- February-April shipment, .£6O and £OB respectively." CANTERBURY MARKETS. FIR PRESS ASSOCIATION. CHRXSTCHURCH, March 23. Wheat has been coming forward very slowly during the week. Most of the irop is yet in stack, but as threshing operations are Being carried on in £ll districts the stream, of supply should set in ' next- week, Oats are offering freely, but the market is not so keen. Algerians have eased on account of North Island buyers obtaining Australian dressed lines, which has reflected on the Canterbury market to an extent. The prices "locally have dropped fully Is per bushel on the quotations of two weeks ago. Prices at present are not stable, and onlv a few forward sales have been nvide. The -orice of cocksfoot has recedd about threepence per lb, and it is difficult to get merchants to operate at much above Is per lb. Better prices sre prevails s-for clovers. The barley market is qui t. but firm. Potatoes are not yet in much demand, and there are no buyers for onions. WHOLESALE PRODUCE PRICES. Xaery and Co., Ltd., Allen street, report wholesale prices as follow: feed barlev. 8s to 8s -Id per bushel, sacks in; Partridge peas. 9s 9d per bushed, sacks in; feed peas,!).-4dper bushel, sacks Kxtra; oats, soetl Algerians, Cs lOd per bushel, sacks extra: oats, feed Gartens. A zrade, 6s 6d per bushol. 6acks extra: Dats. feed Ruakurns, Gs 2d, sacks extra; -bafl oaten sheaf, good bright, .£l3 to Xl3 2s 6d ton, sacks in. J 312 sacks return"! free on trucks or f.o.b. Wellington; farro food. <fill ton. Zcks Tin; flour, in sack,. JEW IC, W oatmeal. 23'-. JB6 to J 839 per ton: Dotatoes, choice. Hutt-grown. iSlOsro 4-1" \<% r™ ton. others good £S to £8- 10s r«" lon. ssioks cilrn: or.ions. Canterbury choir-p, 13s fid cwt; fowls, choice. Gs to 7s, choice-' young roosters 8s to 10s; ducks Runners fit pair, wn l *" ducks 9s to lis pair- tnrkovß. 1s 3d to Is 4'l lb oV.-ul weight; butter, farmers' separator, millotl nr dairy, in bulk, Is 5d Tier lb; eggs, rresn crates. 2s 6d to 2« 7d. case? 2s .W J' Z" F>A ver dozen; dressed oork 0 7n's to 90's, Is per lb? mO's tn llO's, 1«d to lid per lb: 120*s, lOd to lid per Hi; choppers, 7d to Od per lb; Vpwjt. 2* 1M to 3s nor lb: che"«. factory froedinm). cn«e Jots Hid per lb. In-if 1s 3d i)«r lb: "T?'"- flb"H nrit. ,P« if>«-, ton; salt (fine), dairy (cwts), '£lo 10s nrr ton. ____________ i For Chr""'c Che«f Comnlaints. Wood's Great Poppermint Cure.

Mining— Buyer: £ 6. "d. Sellers. X s. d. — 0 2 6 Investment— Inscribed Stock (1930) 95 2 6 — Inscribed Stock (193S) 95 2 6 — War Bonds (1938) — 95 5 0 War Bonds (l'J&>) — 95 10 0 5 p.c. P.O. Bonds — 93 5 0 G 13 6 — 36 7 6 Bk. N.Z. (.£3 6d Sd)... 17 15 0 -— ' 13 3 6 '— Abraham & Williams o 10 0 — Goldsbrough Mort. ... — 2 11 6 National Mortgage ... *6 3 0 — — •6 6 0 0 10 6 — Wn. Deposit 0 s 3 — Christchurcli Gas — 6 10 0 10 5 0 10 10 0 0 16 6 — National Insuranco ... 3 19 0 — Queensland Insurance 3 6 6 — N.Z. Refrigerating 1 10 0 2 13 6 *-> 15 0 Uuddart-Parker *1 0 9 — IT.S.S. Co. 'pref.) 1 0 10 1 1 3 9 16 0 — 9 2 6 — — 0 19 6 Westport Coal ,.•• ' '— 1 13 0 Westport-Stockton — 0 10 3 — *0 17 0 Fanners' Auc. fpref.) — 1 l'ON.Z. Paper Mills 1 16 0 — Sharlaud (rights) 0 7 0 0 8 0 0 16 1 0 16 6 Eclipse Petrol (10s) ... — 1 6 0 *Gum c liv.